Strides Commerce Profile
Key Indicators
- Authorised Capital ₹ 2.25 Cr
as on 16-11-2024
- Paid Up Capital ₹ 2.25 Cr
as on 16-11-2024
- Company Age 8 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.00 M
as on 16-11-2024
- Satisfied Charges ₹ 40.00 Cr
as on 16-11-2024
- Revenue -68.32%
(FY 2023)
- Profit 23981.89%
(FY 2023)
- Ebitda 223.08%
(FY 2023)
- Net Worth 1.40%
(FY 2023)
- Total Assets -10.94%
(FY 2023)
About Strides Commerce
The Company is engaged in the E-Commerce Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.25 Cr and a paid-up capital of Rs 2.25 Cr.
The company currently has active open charges totaling ₹6.00 M. The company has closed loans amounting to ₹40.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Lingala Krishnaiahsetty, Lingala Sumanth, and Lingala Hemanth serve as directors at the Company.
- CIN/LLPIN
U74999KA2016PTC092439
- Company No.
092439
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Apr 2016
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Strides Commerce?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lingala Hemanth  | Director | 22-Apr-2016 | Current |
| Lingala Krishnaiahsetty | Director | 22-Apr-2016 | Current |
| Lingala Sumanth | Director | 22-Apr-2016 | Current |
Financial Performance of Strides Commerce.
Strides Commerce Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 68.32% decrease. The company also saw a substantial improvement in profitability, with a 23981.89% increase in profit. The company's net worth moved up by a moderate rise of 1.4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Strides Commerce?
In 2023, Strides Commerce had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Speedtail Ventures LlpActive 9 years 4 monthsLingala Krishnaiahsetty, Lingala Sumanth and 1 more are mutual person
- Quantum Capital And Ventures LlpActive 4 years 6 days
Lingala Krishnaiahsetty, Lingala Sumanth and 1 more are mutual person
- Greentree Spaces LlpActive 2 years 6 months
Lingala Krishnaiahsetty, Lingala Sumanth and 1 more are mutual person
- M3 Promoters Private LimitedActive 18 years 6 months
Lingala Krishnaiahsetty, Lingala Sumanth and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 22 Sep 2020 | ₹6.00 M | Open |
Others Creation Date: 28 Jul 2021 | ₹1.00 Cr | Satisfied |
Others Creation Date: 01 Feb 2018 | ₹25.00 Cr | Satisfied |
How Many Employees Work at Strides Commerce?
Strides Commerce has a workforce of 9 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Strides Commerce, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Strides Commerce's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
